Public procurement has become an issue of
public attention and debate over a long period. It has
been subjected to reforms, restructuring, rules and
regulations to ensure compliance in achieving value for
money by the procuring entities. Despite statutory
provisions and internal controls, public sector institutions
have not fully complied with Access to Government
Procurement Opportunities regulations for special groups
in several nations. The main objective of this study was to
determine the effects of targeted procurement strategies
on the growth of SMEs. Specifically, the study
determined the effects of financial access, evaluation
criteria, compliance monitoring and capacity building on
the growth of SMEs. It’s conjoined on the Pecking Order
Theory, Preferential Procurement Model, Institutional
Theory and Dynamic Capability Theory. The study
methodology was empirical review whereby relevant
research journals based on targeted procurement were
reviewed. The study findings indicated that financial
access, evaluation criteria, compliance monitoring and
capacity building were all positively significant to the
growth of SMEs. The study recommended for the full
financial assess and support, flexible tender evaluation
criteria, compliance monitoring by the buying
organizations and capacity building to the SMEs to
hasten their growth. Further, a study proposed a future
study to consider assessing other factors like bid price,
youth owned or women enterprises to see whether similar
findings could be gotten.
Keywords : Access to Government Procurement Opportunities, Capacity Building, Compliance Monitoring, Public Procurement, Special Groups.